Storage Post Secures $21.66 Million Loan For Acquisition Of Self Storage Assets In Nyack And Plainview
92 New York Highway 59
$21,660,000
Building Size
—
Asset Type
Self Storage
Closing
Feb 10, 2026
AI
The transaction involves two self-storage facilities located at Go Store It - 92 New York Highway 59 and Storage Post - 150 Fairchild Ave in the Nyack and Plainview markets. The deal was facilitated through an acquisition loan amounting to $21,660,000.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: $21,660,000
- Loan Type: Acquisition
- Landlord: Storage Post
- Location: Nyack & Plainview
The brokers representing the transaction are Steven Klein and Robert Tonnessen from JLL, highlighting their role in facilitating the acquisition of the self-storage assets.
Players
Nyack Self Storage Market Snapshot
Boundary boundary · Self Storage · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.73%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93